ROOFLIGHT PROJECT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ROOFLIGHT PROJECT
Largest movements
- Cash -€111,952
down €111,952 (-42.6%), from €262,612 to €150,660
mainly Receivables within one year (-€75,578) and Debts after one year (-€24,216)
- Receivables within one year +€75,578
up €75,578 (+58.7%), from €128,776 to €204,354
of which Trade receivables: +€60,237
- Stocks and contracts +€15,568
up €15,568 (+53.6%), from €29,019 to €44,587
- Tangible fixed assets +€8,586
up €8,586 (+145.2%), from €5,913 to €14,499
of which Assets under construction and advance payments: +€10,000
- Trade debts +€57,880
up €57,880 (+92.4%), from €62,609 to €120,489
- Debts after one year -€24,216
down €24,216 (-66.3%), from €36,523 to €12,307
- Provisions -€22,500
no longer reported in 2025 (was €22,500)
- Other debts -€16,108
down €16,108 (-100.0%), from €16,109 to €1
- Advances received -€9,474
no longer reported in 2025 (was €9,474)
- Gross operating margin -€168,465
down €168,465 (-56.0%), from €300,951 to €132,486
- Staff costs +€58,127
up €58,127 (+70.0%), from €83,033 to €141,160
- Provisions -€45,000
down €45,000, from €22,500 to -€22,500
- Taxes -€44,996
down €44,996 (-95.6%), from €47,053 to €2,057
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,988 | €428,183 | -€8,805 | -2.0% |
| Fixed assets | 21/28 | €12,950 | €22,058 | +€9,108 | +70.3% |
| Tangible fixed assets | 22/27 | €5,913 | €14,499 | +€8,586 | +145.2% |
| Plant, machinery and equipment | 23 | €3,768 | €2,343 | -€1,425 | -37.8% |
| Furniture and vehicles | 24 | €2,145 | €2,156 | +€11 | +0.5% |
| Assets under construction and advance payments | 27 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | €7,037 | €7,559 | +€522 | +7.4% |
| Current assets | 29/58 | €424,038 | €406,125 | -€17,913 | -4.2% |
| Stocks and contracts in progress | 3 | €29,019 | €44,587 | +€15,568 | +53.6% |
| Stocks | 30/36 | €29,019 | €44,587 | +€15,568 | +53.6% |
| Amounts receivable within one year | 40/41 | €128,776 | €204,354 | +€75,578 | +58.7% |
| Trade receivables | 40 | €97,206 | €157,443 | +€60,237 | +62.0% |
| Other amounts receivable | 41 | €31,570 | €46,911 | +€15,341 | +48.6% |
| Cash at bank and in hand | 54/58 | €262,612 | €150,660 | -€111,952 | -42.6% |
| Deferred charges and accrued income | 490/1 | €3,631 | €6,524 | +€2,893 | +79.7% |
| Total equity and liabilities | 10/49 | €436,988 | €428,183 | -€8,805 | -2.0% |
| Equity | 10/15 | €232,892 | €233,652 | +€760 | +0.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,892 | €173,652 | +€760 | +0.4% |
| Provisions and deferred taxes | 16 | €22,500 | - | -€22,500 | |
| Provisions for liabilities and charges | 160/5 | €22,500 | - | -€22,500 | |
| Other liabilities and charges | 164/5 | €22,500 | - | -€22,500 | |
| Amounts payable | 17/49 | €181,596 | €194,531 | +€12,935 | +7.1% |
| Amounts payable after more than one year | 17 | €36,523 | €12,307 | -€24,216 | -66.3% |
| Financial debts | 170/4 | €36,523 | €12,307 | -€24,216 | -66.3% |
| Amounts payable within one year | 42/48 | €145,073 | €182,224 | +€37,151 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €31,139 | €31,824 | +€685 | +2.2% |
| Trade debts | 44 | €62,609 | €120,489 | +€57,880 | +92.4% |
| Suppliers | 440/4 | €62,609 | €120,489 | +€57,880 | +92.4% |
| Advances received on contracts in progress | 46 | €9,474 | - | -€9,474 | |
| Taxes, remuneration and social security | 45 | €25,742 | €29,910 | +€4,168 | +16.2% |
| Taxes | 450/3 | €8,925 | €8,889 | -€36 | -0.4% |
| Remuneration and social security | 454/9 | €16,817 | €21,021 | +€4,204 | +25.0% |
| Other amounts payable | 47/48 | €16,109 | €1 | -€16,108 | -100.0% |
| Non-recurring operating income | 76A | - | €445 | +€445 | |
| Remuneration, social security and pensions | 62 | €83,033 | €141,160 | +€58,127 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,269 | €3,873 | -€1,396 | -26.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,500 | -€22,500 | -€45,000 | |
| Other operating charges | 640/8 | €594 | €709 | +€115 | +19.4% |
| Non-recurring operating charges | 66A | - | €2,243 | +€2,243 | |
| Gross operating margin | 9900 | €300,951 | €132,486 | -€168,465 | -56.0% |
| Operating profit (loss) | 9901 | €189,555 | €7,001 | -€182,554 | -96.3% |
| Financial income | 75/76B | €752 | €196 | -€556 | -73.9% |
| Recurring financial income | 75 | €752 | €196 | -€556 | -73.9% |
| Financial charges | 65/66B | €6,925 | €4,380 | -€2,545 | -36.8% |
| Recurring financial charges | 65 | €6,925 | €4,380 | -€2,545 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €183,382 | €2,817 | -€180,565 | -98.5% |
| Income taxes | 67/77 | €47,053 | €2,057 | -€44,996 | -95.6% |
| Profit (loss) for the period | 9904 | €136,329 | €760 | -€135,569 | -99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,329 | €760 | -€135,569 | -99.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.